Property pair’s first rate idea

Louise Logan and David McDonald of Ratemyroad.com
Louise Logan and David McDonald of Ratemyroad.com
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EVER been thinking of buying a house and wondered what that neighbourhood was really like?

Well that is exactly the position entrepreneur Louise Logan found herself in and it sparked an idea for a new business.

Louise teamed up with school pal David McDonald to launch a website where people can find out all about a neighbourhood they are thinking of moving to.

Ratemyroad.com allows people to go online and post a review of their road to give the real lowdown on what it is like to live there.

The 24-year-old, from Marton, said: “The idea came when I was looking for a property to invest in.

“My dad always said to make money you need to find the worst property in the best area. So I thought wouldn’t it be useful if there was a website to tell you exactly what the area was like.

“It’s not just about the statistics, its about real people’s opinions of living in the area.

“It’s great for those members of the public looking to research a street that they’re looking to move in to, from the people who know the area best.”

She said since they set the website up in October they have had more than 4,000 hits and have reviews of roads and streets from Blackpool to Scotland, Wales, Bath and London.

To get the ball rolling they are running a competition draw to win an iPad which you can enter if you post a review.

She said all entries are vetted to make sure they are not malicious, but negative reviews are allowed because they want to show a true picture for users of the website. The questionaires cover local schools, crime, road quality, neighbours, noise and parking availability.

Once a road has got a review, it can be read by heading to the website and clicking on the tab.

The pair make their money from advertising on the site and are soon going to have a facility where home owners can advertise their own property there without having to go to an estate agent.

Louise has a degree in marketing and David, 24, from Fleetwood, a background in retail management and travel.

She added: “There are a million roads in the UK so you can see the potential.

“We think it’s a unique idea and believe it can be as big as TripAdvisor.

“Ultimately we want to make it available in the US.”

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